When do i need hst number

Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

KPMG Personalization. Get the latest KPMG thought leadership directly to your individual personalized dashboard. Register now Login. Close Notice of updates! According to the Canada Revenue Agency , you'll need some information before your register. Even if there are years when you collect nothing, you still have to file to indicate that you haven't collected anything. Filing can be done electronically, by mail, or in person at a participating financial institution.

As for when to pay it, Paskowitz says the guidelines for filing are:. Even if you have the option to file yearly, Paskowitz encourages his clients to file quarterly. Whether you pay quarterly or yearly, running a small business takes a lot of effort from the start. By Phone Give us a call 24 hours a day, 7 days a week at Subscribe now Get personal finance info with our monthly round-up. Email address. Follow us.

How do I get one? Keep it somewhere safe. It is important that tax-exempt not be confused with zero-rated good and services, such as basic groceries and certain medical devices. If you sell zero-rated products or services, you may be eligible for ITCs on property and services incurred to sell these supplies, even if you do not collect taxes on sale. This is not the case for tax-exempt goods or services. After gathering this information, you can either register online , call or fill out and mail a Form RC1.

The information presented is only of a general nature, may omit many details and special rules, is current only as of its published date, and accordingly cannot be regarded as legal or tax advice. Please contact our office for more information on this subject and how it pertains to your specific tax or financial situation.